WASHINGTON SENIOR CITIZEN HOUSING DEVELOPMENT CORPORATION (EIN 431071330) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

JACK WAMHOFF

Phone

6362394040

Tax Period

2025-01-01 to 2025-12-31

WASHINGTON SENIOR CITIZEN HOUSING DEVELOPMENT CORPORATION, founded in 1975, is a small nonprofit that reported $251K in total revenue in fiscal year 2025. Expenses of $294K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS, THE PHYSICALLY AND MENTALLY HANDICAPPED OR DISABLED FAMILIES THAT ARE IN THE LOW TO MODERATE INCOME CATEGORY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $247,576

Investment Income $730

Other Revenue $3,147

TOTAL REVENUE $251,453

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $267,524

Other Expenses $294,050

TOTAL EXPENSES $294,050

Year-over-Year Comparison

	2025	2024	Change
Revenue	$251,453	$252,979	0.0%
Expenses	$294,050	$276,311	+0.1%
Net Income	$-42,597	$-23,332	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG BOND	DIRECTOR	1.00	Director	$0	$0	$0
GLYNIS CONNER	TREASURER/DI	5.00	Officer Director	$0	$0	$0
MARK FRANKENBERG	VP/SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF HOLTMEIER	DIRECTOR	1.00	Director	$0	$0	$0
BRENDA TURNBOUGH	DIRECTOR	1.00	Director	$0	$0	$0
AARON WAGNER	DIRECTOR	1.00	Director	$0	$0	$0
JACK WAMHOFF	PRESIDENT/DI	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$251,453	$294,050	$441,092	$-42,597
2024	$252,979	$276,311	$512,992	$-23,332
2023	$256,538	$231,024	$507,940	$25,514
2022	$243,452	$266,878	$483,915	$-23,426
2021	$241,495	$242,332	$500,815	$-837
2020	$243,012	$232,285	$501,425	$10,727
2019	$242,458	$237,946	$496,311	$4,512
2018	$244,474	$218,009	$487,307	$26,465

WASHINGTON SENIOR CITIZEN HOUSING DEVELOPMENT CORPORATION